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Whilst it can be used that way, peng more broadly means something is generally attractive / appealing / impressive. It doesn’t necessarily have sexual connotations.

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wdyt about gnip (reversed ping) as an alternative to peeng?

There was a site/service called gnip.

https://en.m.wikipedia.org/wiki/Gnip

Man gnip was wild. I remember getting access to the Twitter firehouse for a while through this service. We built some really useful stuff with this.

Interesting. I gave Python training to a UK guy in the finance industry, a few years ago. He was working on a fintech side project that used gnip.

Or "Gneep" maybe

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